Beer and Wine Market – Established In 1946

Price: $160,000

Location: Los Angeles County

Industry: Convenience Stores

Listing ID: 01985481 JR

Listing Status: New

Description

This Beer & Wine market, established for 78 years, is located in a highly densely populated Hispanic community. The current owner has managed the market for the past 3 years. Positioned at a corner location with five off-street parking spaces, it offers convenient in-and-out access.

* Easy to run with no meat or produce
* No competition in the area
* Very clean and well-maintained, showcasing pride of ownership
* 1,000 sq. ft. with low rent and a good lease
* Equipped with a 12-door cooler and EBT capabilities
* A new owner could add services such as Lotto, faxing, copies, money orders, wire transfers, check cashing, and a utility bill payment center.

Monthly Expenses: Rent: $1,500, Electricity: $750, Phone: $43, Insurance: $150, Water: $22, Trash: $89
The market boasts a gross profit margin of 35%, making it a promising investment opportunity.

LISTING DETAILS

Down Payment: $160,000

Total Sales: $348,000

Cash Flow: $60,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: Yes

Inventory: $50,000

Inventory Included: No

Operation

Year Established: 1946

Days & Hours of Operation: 9am to 7pm 7 days

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Absentee Owner: No

Lease Option: Plus 1-5 year option

Location

Real Estate: N/A

Monthly Rent: $1,500

Type of Location: Retail Free Standing

Square Footage: 1000

Relocatable: No

Summary

Reason For Sale:

Other Business Interests

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER